Fixed Income Divison - Associate, FXEM Quant Strategist (London)

935 MS & Co Intl Plc - UK; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Flexible working arrangements

Global opportunities

Job summary

Morgan Stanley in London seeks a highly skilled FXEM Quant Strategist to develop quantitative models for ePricing, market making, and risk management in FX STIRT products. You will build tools to optimize inventory and drive capital efficiency across trading books, while analyzing large datasets to extract actionable insights for trading performance.

You will contribute to the development of electronic trading strategies and collaborate with traders to enhance decision-making with data-driven

Qualifications

• Advanced data analysis and modeling experience.
• Ability to communicate complex results clearly.
• Proven ability to generate and pitch ideas within teams.
• Experience with statistical modelling, regression, and machine learning.
• Proficiency in Python or equivalent for data analysis.
• Knowledge of Q/KDB+ and time series analysis.
• Experience with electronic trading.
• Familiarity with FX or Interest Rates markets.

Responsibilities

• Develop and implement quantitative models for FX pricing, market making, and risk management in FX STIRT products.
• Design tools to optimize inventory and improve capital efficiency.
• Analyze large datasets to extract actionable trading insights.
• Contribute to electronic trading strategy development.
• Monitor model performance and refine methodologies with market conditions.
• Collaborate with traders to improve data-driven decision making.
• Work with technology teams to productionize models and ensure robustness.

Skills

Quantitative analysis

Communication skills

Idea generation

Statistical modelling & ML

Python & data analysis

Q/KDB+ time series

Electronic trading experience

FX or IR markets knowledge

Education

Master’s or PhD in Mathematics/Statistics/Physics/CS/Engineering

Job description

FID – FXEM Quant Strategist Department Overview

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader in energy, metals, and agricultural product trading worldwide whose professionals’ trade in both physical and derivative commodity risk.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

• Develop and implement quantitative models to support ePricing, market making, and risk management in FX STIRT products


• Design and build tools to optimize inventory management and improve capital efficiency across trading books


• Analyze large datasets to extract actionable insights and improve trading performance


• Contribute to the development of electronic trading strategies


• Continuously monitor model performance and refine methodologies based on market conditions


• Collaborate with traders to enhance decision‑making through data‑driven strategies


• Partner with technology teams to productionise models and ensure robustness and scalability while supporting voice trading analytics

What we’re looking for:

• Excellent quantitative skills in data analysis


• Master’s or PhD in Mathematics, Statistics, Physics, Computer Science, Engineering, or a related quantitative field


• Strong verbal and written communication skills


• Experienced idea generator, able to pitch ideas internally and externally


• Familiarity with statistical modelling, regression techniques, and core machine‑learning concepts


• Proficiency in Python or another programming language used for data analysis


• Knowledge of Q/KDB+ Time series analysis


• Experience with electronic trading


• Experience with foreign exchange or Interest Rates markets.

Certified Persons Regulatory Requirements

This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements.

Internal Applicants

Internal mobility can be a way to grow your career and realise your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.

Equal opportunities statement

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

What you can expect from Morgan Stanley

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what’s best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – aren’t just beliefs, they guide the decisions we make everyday to do what’s best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements.

Equal opportunities statement

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross‑section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.

Morgan Stanley is dedicated to providing first‑class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world.

In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading‑edge solutions—and in the ability of capital to work for the benefit of all society.